|
|
Downtrend Broken Resist.Archive
- 9/4/2026 -
Sign In to see current Signals. |
Fortive Corp (FTV) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Fortive Corp (FTV). During the week, the FTV dropped -2.75 points, or -4.61%, and closed at 56.94 on Friday, September 4, 2026. It was the worst weekly loss since July 31, 2026. Weekly volume was -7% below average.
 Long-term trend: [See FTV long-term trend chart]
A long-term downtrend had started on March 22, 2024 at 87.10 and reached 46.34 on August 11, 2025. FTV lost 40.76 points, or 46.80%, in 72 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 25.36 and resistance is at 76.90. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See FTV medium-term trend chart]
A medium-term uptrend had started on August 11, 2025 at 46.34 and reached 64.56 on July 28, 2026. FTV gained -18.22 points, or -39.32%, in 50 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (58.42) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FTV may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See FTV weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since July 31, 2026. Use the following link to access a MACD help.
 Short-term trend: [See FTV short-term trend chart]
A short-term downtrend had started on August 11, 2026 at 62.63 and reached 56.12 on September 2, 2026. FTV lost 6.51 points, or 10.39%, in 22 days. The price is now at the 12.60% retracement level.
 Daily Technical Indicators: [See FTV daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since August 17, 2026. This is an indication that the short-term trend is down.
| |
|
|